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Nancy Alexandra
Nancy owns her own home in El Fortín, an area in the southern urban zone of Guayaquil. Her house is made of cement and has electricity. In this area it is common to not have good drinking water from the tap so the inhabitants buy it from tanker trucks. In spite of everything, Nancy has a small sewing workshop which she began with the help of her husband who bought Nancy her first sewing machine seven years ago. Currently she has an industrial sewing machine that she bought with a previous loan, an upholstery machine, and a cutting table. She works from eight in the morning to eight at night, sometimes by herself and sometimes informally hiring someone. Her main orders are uniforms for schools, businesses, and sports as well as dresses. She makes quantities between 300 and 100 garments, depending on the order. Her biggest inconvenience is that in her area there are problems with the electricity and it goes out with some frequency, making her lose time and potentially damaging her equipment. The loan will be used to buy fabrics and threads for her workshop and to buy concrete blocks, cement, and sand to expand her house so that her husband can open a grocery store. In the future she would like to finish building her house.
View original language description ↓
Nancy tiene una casa propia ubicada en el Fortín zona sur urbana de Guayaquil, su casa es de cemento cuenta con el servicio de luz, en este sector es muy común la falta de agua potable por tuberías sus habitantes la compran por tanqueros. A pesar de todo esto Nancy tiene un pequeño atelier de costura el cual empezó hace 7 años con la ayuda de su esposo quien le compro su primera máquina de coser. En la actualidad cuenta con una maquina industrial la cual compro con un crédito anterior, una recubridora y mesa de corte. El trabajo lo realiza desde las 8 de la mañana hasta las 8 de la noche, a veces sola o contratando de manera casual a una persona. Sus principales confecciones son uniformes de colegios, de empresas, deportivos y vestidos, confecciona por cantidades altas entre 300 a 100 prendas, dependiendo del pedido. El mayor inconveniente de Nancy es que en su sector hay problemas de luz por lo que esta falla con frecuencia haciendo que pierda tiempo e incurriendo en posibles daños para sus artefactos. El préstamo lo empleara en la compra de telas, hilos para su atelier, también va a comprar bloques, cemento, arena para la ampliación de su casa ya que su esposo va a abrir una tienda de víveres. A futuro le gustaría terminar la construcción de su casa.

Additional Information

About Banco D-MIRO

Banco D-MIRO is a microfinance institution that serves the most vulnerable sectors of Ecuador’s economy. It offers very small loan sizes without requiring collateral, expanding access to borrowers who would not otherwise be able to access capital to start and grow their own businesses. It also specifically targets borrowers who are excluded from formal financial systems due to race, ethnicity, gender, disability or illness.

About Ecuador

  • $10,600
    Average annual income
  • 102
    View loans »
    Ecuador Loans Fundraising
  • $24,134,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Nancy Alexandra fabrics and threads for her sewing workshop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 21, 2012
Listed
Jul 4, 2012
Currency Exchange Loss:
N/A
Ended:
Jun 18, 2013